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NCTA Extends Sachs Through 2004

7/30/2001 9:07 AM Eastern

Robert Sachs will remain at the National Cable & Telecommunications
Association at least until the end of 2004 under a contract extension announced
today by NCTA board chairman Michael Willner.

Sachs had a three-year contract originally worth $850,000 per year -- making
him one of the best-paid trade-association executives in Washington, D.C. --
that wasn't due to expire until July 31, 2002. But Willner said in a prepared
statement that the board decided to tack on another two-and-a-half years to his
contract now.

'Robert has provided the NCTA with steady leadership during a period of
unprecedented change in the cable industry. The board's decision to extend
Robert's contract reflects our strong satisfaction with the performance of
Robert and the NCTA staff,' Willner said.

Sachs, 52, joined the NCTA in 1999 from a cable consulting company he ran in
Boston. He had been a longtime executive with Continental Cablevision Inc.,
which was acquired by U S West Inc. and later spun off to create MediaOne Group
Inc.

Sachs' new contract runs out about two months after the next presidential
election.

'The NCTA is a great organization, representing great companies. It's a real
privilege to work with so many talented people in this industry and to play a
role in cable's transformation,' Sachs said in a prepared
statement.

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